October, 2022

• 5 October

  Arada awards AED454m contracts to build 740 new homes in Sharjah

  

    Dubai / WAM Arada has awarded two major contracts to build nine premium apartment blocks in Aljada, the 24 million square foot mixed-use megaproject located in the Muwaileh area of New Sharjah. Consisting of 740 homes in total, the buildings include the five Sokoon blocks, two new apartment blocks located close to Aljada’s museum and the two Gate buildings, ...

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• 5 October

  Dubai Future Forum to welcome 400 innovators from across the world

  

    Dubai / Gulf Time Under the patronage of His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Chairman of The Executive Council of Dubai and Chairman of the Board of Trustees of Dubai Future Foundation (DFF), the DFF hosts the inaugural ‘Dubai Future Forum’, the world’s largest gathering of futurists, at the Museum of ...

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• 5 October

  Ajman’s DoF encourages digital purchases at government level

  

    Ajman / Gulf Time As part of it­­­­s continuous efforts to enhance coordination with government agencies toward advancing digital transformation in the country, the Ajman Department of Finance (DoF) held a workshop for government agencies at its headquarters to introduce them to government credit cards. The workshop also sought to consolidate cooperation efforts between the government of Ajman and ...

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• 5 October

  UAE to celebrate World Teachers’ Day

    Abu Dhabi / WAM The UAE will celebrate the annual World Teachers’ Day on October 5, in recognition of the role of teachers in encouraging innovation. Emirati teachers have received significant attention and appreciation from community due to their efforts to prepare an aware and educated generation. Over the first 50 years of the UAE’s history, the number of ...

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• 5 October

  Wizz Air Abu Dhabi launches its first flight to Maldives

  

    Abu Dhabi / Gulf Time Wizz Air Abu Dhabi, the ultra-low-fare national airline of the UAE, announced the launch of its first flight to Male in the dreamy islands of the Maldives on the October 4. The route will be operated four times per week in October, every Tuesday, Thursday, Saturday and Sunday, increasing to six times per week ...

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• 5 October

  EU nations to tap CO2 permits in shift from Russian energy

  

  Bloomberg European Union member states backed a compromise to use permits from the bloc’s carbon market to help finance a shift away from Russian fossil fuels. Finance ministers gathering in Luxembourg approved a compromise plan drawn up by the Czech government, which holds the EU’s rotating presidency, to free up 20 billion euros ($19.8 billion) of carbon allowances. About 75% ...

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• 5 October

  Putin is pushing Serbia and Bosnia to support his war

  

  Even as Russian President Vladimir Putin prosecutes his vicious and failing war in Ukraine, he continues to cast his ambitions further afield. Russia is trying to undermine democracies throughout Europe, funneling funds and support to far-right groups and propaganda operations. Putin has found particularly fertile ground in the Balkans, pushing his view that the North Atlantic Treaty Organization is intent ...

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• 5 October

  What is solar energy’s new superpower?

  

    In rural America, the shoulder-high corn is increasingly competing with a new cash crop: solar power. Acres of solar panels shine brightly in fields along interstates and rural byways, signaling a change in how America’s farming country generates income. The need for a happy marriage between these old and new industries has inspired a burst of innovation and a ...

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• 5 October

  Has Europe failed its first winter energy savings test

    If Europe was a school student, last week it sat its first exam in Energy Savings 101. It failed. And that doesn’t bode well for much tougher tests to come in January. Despite strong imports of liquefied natural gas to replace Russian shipments, Europe needs to reduce gas consumption — by a lot — if it’s going to make ...

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• 5 October

  Truss U-turn is welcome, but it’s only a first step

    After days of insisting there’d be no backtracking on a mini-budget that sank the pound and caused panic in financial markets, the UK government has duly reversed itself. Prime Minister Liz Truss and Finance Minister Kwasi Kwarteng confirmed on Monday that the promised cut in the top rate of income tax from 45% to 40% would be canceled. “We ...

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